Credit Suisse Agrees To Pay 2.6 Billion To U.S. Government: U.S. Taxpayer Account Holder Information Will Be Disclosed In Future!

Credit Suisse has agreed to pay 2.6 billion to the United States Government: U.S. Taxpayers hidden account information will be disclosed in the future by foreign banks because of this ground breaking agreement. Overseas banks will now fear criminal prosecution themselves and will probably fully cooperate with the U.S. Government.

With the guilty plea and hefty fine that Credit Suisse has agreed to pay, it has now been shown that no bank, no matter how big and powerful, is above the law. The Justice Department will pursue criminal prosecution to the fullest extent of the law,- any company or individual that participates in any illegal or dishonest financial activity.

United States Taxpayers with offshore undisclosed bank accounts should enter into the Internal Revenue Service (IRS) Voluntary Disclosure Program before their information is disclosed to the IRS and the Department of Justice (DOJ).  Disclosure to the IRS through the IRS Amnesty Program must occur before the U.S. Taxpayer is contacted by the IRS.

If you have an undisclosed account please contact Kevin E. Thorn, Managing Partner of Thorn Law Group, today at (202)270-7273.